Members Voluntary Liquidation (solvent company)

Members Voluntary Liquidation (solvent company)

Where a dormant company has completed its purpose and is solvent, a Members Voluntary Liquidation is a process used to wind up the company. In this situation Crowe will act as a liquidator, providing financial and tax advice for the maximum return to the shareholders.
 
The advantages of a Members Voluntary Liquidation are:
  • Tax efficient method of distributing cash/ assets to shareholders
  • Avoids on-ongoing audit and accounting costs
  • Can be used as part of a restructuring process where a group wants to streamline its structure
  • Company avoids being involuntarily struck off